Salguti Industries (India) Probability of Target Price Finishing Over Current Price

SALGUTI -- India Stock  

INR 17.00  0.00  0.00%

Salguti Industries probability of target price tool provides mechanism to make assumptions about upside and downside potential of Salguti Industries Limited performance during a given time horizon utilizing its historical volatility. Please specify Salguti Industries time horizon, a valid symbol (red box) and a target price (blue box) you would like Salguti Industries odds to be computed. Also please take a look at Salguti Industries Backtesting, Salguti Industries Valuation, Salguti Industries Correlation, Salguti Industries Hype Analysis, Salguti Industries Volatility, Salguti Industries History as well as Salguti Industries Performance.
Horizon     30 Days    Login   to change
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Salguti Industries Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 17.00 30 days 17.00  ABOUT 46.31%
Based on normal probability distribution, the odds of Salguti Industries to move above current price in 30 days from now is about 46.31% (This Salguti Industries Limited probability density function shows the probability of Salguti Industries Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, Salguti Industries Limited has beta of -0.0839 . This entails as returns on benchmark increase, returns on holding Salguti Industries are expected to decrease at a much smaller rate. During bear market, however, Salguti Industries Limited is likely to outperform the market. Additionally Salguti Industries Limited has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 Salguti Industries Price Density 
 
      
Current Price   Target Price   
α
Alpha over DOW
=0.03
β
Beta against DOW=0.08
σ
Overall volatility
=0.048573
Ir
Information ratio =0.28

Salguti Industries Alerts

Salguti Industries Alerts and Suggestions

Salguti Industries generates negative expected return over the last 30 days
Latest headline from www.thehindubusinessline.com: Salguti Industries Ltd. - Announcement under Regulation 30 -Acquisition
Also please take a look at Salguti Industries Backtesting, Salguti Industries Valuation, Salguti Industries Correlation, Salguti Industries Hype Analysis, Salguti Industries Volatility, Salguti Industries History as well as Salguti Industries Performance. Please also try Equity Search module to search for activelly-traded equities including funds and etfs from over 30 global markets.
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